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The average variable costs of a company are equal to $20 per unit produced at its current level of output in the short run. Its

The average variable costs of a company are equal to $20 per unit produced at its current level of output in the short run. Its average fixed costs are equal to $30 per unit produced. The total costs at this output level are equal to $2,500.

  • What is the company's current output level? (10 points)
  • What are the total variable costs at this output level? (5 points)
  • What are the total fixed costs? (5 points)

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